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... the the ... it ... is a shot of the big old Dow surging today ... breaking a losing streak the longest slump in nearly two months we got Paul vignette a on the New Saab I'm all ... right here right now I'm Simon console him pull his with me ... our talent very well thank you so ... this is even ... be a big day for the stock market is acting as the headline the day ... and you know I saw headlines around and it's the banks but ... you know the economy is still terrible slowing growth in its trade up for us right now and the date the Dow up two hundred points ... that that matters it can ... JPMorgan Earnings better than expected Wells Fargo earnings look pretty good day fueled the banks ... the banks fueled the entire market that that's only a headline that ... Chinese data over ninety p came in as expected slowdown in China but not as bad as some feared ... the blows your headlights but you want to stress ... that it now let's talk about with his own estimates of analysts regard the banking sector is in you not ... completely linked to the economy and sent economy sinks the banks will not do as well they'll have a battle on its Friday level but loans unless new ones to which time and money ... China is slowing down ... I'm a slowdown he more ... often to quench and McGraw Hill about is ... a win-win um well he's the things that basically is actually growing at seven zero or close to zero based on his his indicators and the ... date was somewhat suspect that ... none of that looks good and next ... to you wanna look is the real thing you talk you mention the losing streak for the dour I am in the market was due for a bounce that's what happens you saw yesterday the market is very critical technical level ... bounced off it ... was a lot of this is just inside the ballpark stuff right now ... the SNP were looking to spend all day I mean is that the one below but they did they handle global in the morning and then the stock here ... you know that the market is in a tight range right now is that the Contiki sends over thirteen fifty ... good numbers ... don't buy too much and is the market was due for a bounce that is the reality is that it be a ... total of the bankers have another reality ... JPMorgan take basically came out in May that they are going to postpone the largest losses on Wall Street history ... the London whale trade in the end of the time is running the most in the yen the dollar loss to post a six billion dollar loss can lead to a double figures but ... that it's a six million ... and execute a man down twenty four finance this he was smaller ... and is also considered to be a hedge ... and what I know I read I mean completely ... you know so Tempest and teapot completely tried to play the thing down ... obviously now this is more than ten percent the plot ... wasn't a hedge of course it was time to time you and I know that we know about ... OK great stuff the last time I know they'll NEA has fallen again allied weekdays at ten thirty ... what the revenues up at the beest live I'm Simon console while a bigger s today in the Paraguayan financial scandal ... we got Jack Nicas in ... pets but Pennsylvania ... um so it's a director to Iowa ... location map ... of Jack thank you Brian much for being being with us today big cigarettes aam tells about this ... yet for the current financial year look for to blow open today with ... audio Read the euro while the ten year ... and on and on the court document that ... led to the D tells of ... how he nearly twenty years ... and that will more than a hundred billion dollars but the court the court thought ... I'd ... and and ... put in its affidavit actually included in turn would but no ... that too ... often laugh on Monday Wednesday rebounded as car buying up the ... added heat built ... up allegedly how you double the money and or stock can ... never keep up the heat ... the the salmon ... this document this confession document is that in taking will land on his shoulders no one else implicated is this his way ... really I'm coming clean really fast ... I'm you know I can do it they that they get that that but no ... up and moving ... it to the blame for the official that he actually but that that that ... he alone I only knew about it up ... but don't ... action in his bed that I usually want to add that ... to be a ... new bank account ... that where the fun of the double from the actually get bailed out what the doctor and ... using it though Photoshop ... I've been entered ... and talked about how ... he added that P O Box ... at the bank doctor ... that P O Box ... and the band dividend or step ... up words ... Richard and into the cup into orbit ... the accounting department that using ... the word got me thinking that they were actors ... and he took the blame for the ... health ... of the I mean that that is quite something that is quite a laugh riot somehow that's obviously quite an unusual that ... obscenities to the beach on when flying to regulators according to the US Attorney's ... office ALM ... that that some of this is a pretty pretty big case ... did typically have lasted these come to costs ... I'll ... on a clear but but what is it about the garden about an hour it can have an initial appearance that the deadline that the regulator ... will board even though ... what it what with out but ... I did that thing into the top of David working especially ... that ... of a ... hill ... only to the crime of the lunchtime in and laid out the entire kit to profit if the bill ... will be ... okay ... well thank you Brian much Jack Nicas ... in Cedar Rapids Iowa a bomb story about parenting Financial and the beest dot com ... while Macy's has won a court injunction against Martha Stewart Omnimedia stopping him from selling similar merchandise in JC Penney we got Dan Amancio joins us now ... and it's been a mom I have and have no problem aam ... it's a big deal ... says unthinking out the really big cutback to J C Penney which has ... had enough problems on its own without the focus of this was going to be the first were the big brand name ... in that knew the reforms reformulated J C Penney Co reflect their marquee store and stir concept of this command bigger space than anyone else that Ron Johnson mine make scores for ... I was close to be this big attraction ... that was conducting our consumers on to consumers really get ... it back into JC Penney who ... now ... at Macy's ... but that may see something like that because they hang out ... and they have some Martha Stewart ... or they have a lot of things to think that they have this exclusive line since two thousandseven that the best performing ... seller and her home category which is huge ... so obviously once Ron Johnson to his partner know that if you can eat ... on the market every thought of red flags they ... filed this lawsuit in the sky is preliminary injunction ... sought to play in the preliminary injunction that is all that is aam but always to the judge thinks enough of the back of the case ... that says they know that that could be some onto Macy's is ... that the goods according to J C Penney right right and even if he decides to an ... overhaul that ... the time and really bad because the stores are slated to open every twenty thirteen there well under way in the production side of ... cutting it close to my what happens here to get this product me in and in stores and have this huge launch that Ron Johnson on ... Codecademy would seem to be the courts Imola much and that's what counts as similar much enticed by the settlement's size it's it's you know if it's a piece of clothing to our past ... is that none of their pants or is it another pair of pants um looks the same I mean how close he have to be ... to re run afoul of this at first I in the future is demanding that the entire wine be scrapped ... that is devastating for J C Penney and they said ... are a testament to things and soft homes ... kitchenware and dining ... those Esperdy brought back into the Senate Semitism on and not enough to look identical a great so I just booked my source to he said ... of the twenty five hundred designs that went there ... so that it might hundred that night the keys and eighty I submitted to J C Penney ... nine hundred of them all into a category that Greece is now operating at ... so that I have to think about what the winter products and become the conclusion all factory designed them can add this piece is completely ... force Obama to the east and branding which is no option ... well I'm that that would be a prom because it's the branding that it will sell this this is what sells about a dozen sassy of the home office unit Omnimedia ... think ... that depending what happens here in the JC Penney said the pics taken ... and they've been struggling with some bits of Windows ... in at the store to be overturned on what that means for the state ... I that that that hurts her brand in some lying ... that they've really on Sunday the inside the hut her relationship with the ... aam was a nice all the bad and damage ... well anyway thank you Brian much Dan Amancio ignore all my aunt WS J dot com that broke with them alas now say what wanna miss that but Fuss ... still have news ... should Penn State distance itself from the puts on a legacy or should it embrace it ... will discuss that after the break ... what Lebanon is up at the beest live I'm Simon console ... should Penn State distance itself from the baton of legacy or should embrace its legal Chris map ... joining us on the phone from the spunk Pennsylvania ... enjoy this wine now I'm ... in the four S ... there is a paste and shale until the town of the finest football coach ... has been implicated in this ... sex scandal ads ... and ... Penn State's ... question is what to do about Massa unwanted about his legacy what's the feeling that now ... yeti is ... suited to the big question because some people talk about ... tearing it down or moving it ... right now the word to the portrait to reading right now to speak ... I there's no avoiding the whole picture of question right now and you know whether they should do so in terms however it would be ... but it is that you think will become a focal point because you know is that the Fed will know in terms of the University ... some tidying generally people been going there to note that the place to ... I'm ... you may contact with his memories are you supposed to this ... and to him ... so what what what what is that what is the feeling when all this leave this is a neighbor the home for my mom and wine now ... aam ... everyone has a full supply the blind side that was times ... um to the beat the abuses some conducted by the Jerry Sandusky ... ALM so OBC that's that's what's happening now ... but also the sense on that also a lot of people who you know ... the things you think he did a lot of good like getting his ... team to all graduates ... they are courteous ... the report shows it ... so critical of the euro and the other four permanent spanner in the two other administrators ... but that because you love that they move it and that that that that crippled reports for the turtle but ... it would but there's still ... still standing behind turbo um ... the tension that they were saying that the Philly airport this week yesterday ... whether I'm ... going to actually think is because he would not do interviews of the administrators of the that come in the picture so of course ... that they're they're waiting for the criminal case to to ... become finalists ... North ... Shore come out of class progressed what's on ... what one does ... hence they can do to repair its image with his innocence of the time is now when we look of it ... that mean that this is ... here to help them ... get over it ... people a government experts ... the talking more about um ... the truth is that is you are and to the tothe borders ... and the director of compliance ... setting up oversight committees should really think that they're ... in their ability to hop ... to what happened to this and then look for the service ... um ... but they didn't have to complete the football program ... that's ... been linked to this scandal it starts ... to get ... to know a lot of work to do that ... when we have deleted that thank you Brian much Kris mass on joining us on the phone from the Spud Pennsylvania covering the iam ... that the problems at hand states ... that are ... thank you ... the U S Constitution grants the citizens and to everyone born on US soil except in want of jurisdiction ... by which will be gone Ashby Jones of the wall Euro ... tells Wall about this ... past week Tom ... leaving and death ... which want American Samoa ... in the South Pacific ... to dizzy U S territory but people who were born there do not automatically get U S citizenship ... aam and this is come up because the lawsuit filed earlier this week by a handful ... of Americans who own residence ... is challenging this this policy which is really a congressional policy that was passed ... of caution the nineteen forties and fifties um in a challenging is unconstitutional I'm so ... and it's interesting is it's it's unusual because you have a lot of other territories like like war on white Puerto Rico where coupon that you are innocent ... that's right in and what happened is that ... serve over last entry or so Congress when in in in in Egypt's statute specific Tejas Urquhart said ok ... long ... you guide you guys get citizenship Virgin Islands ... and so it looks lovely ... the only thing better would be if you've ... got a bit ... I'm the and the silence Lotto triumphal theorem is absolutely beautiful here when ... it's absolutely ... execs become a coupon that you come in on a non US citizen but what complicates this matter is that the leaders in ... American Samoa haven't always pushed for U S citizenship they have a very complicated ... us of land ownership structure which I think some of the people there here would be deemed unconstitutional ... it aam ... it's the cost of more applied to it and so ... I think that there's some there's a little of a lot of wariness among the Americans moans ... about becoming too too close to the US for fear that that sort of some things that are very deep deeply held to them can be disrupted so what one thing we do know though I'm ... because I've read it in your story is that you can apply to become the US is a need to nationalize like that the practice or you can do that nothing stops you from doing that aam ... gotta go through a process is is probably know it can be ... costly answerable of forms to fill out the cuts will fall right ... yet us cover losses from the MNA when asked what is the phones that are at threat of an electorate is a great story all of us were some local mostly thank you very much SP Jones where do we leave it that long then tomorrow's paper ... will walk home with a warm day and can speed drive ... Dan Neil has the answer a joins us from Raleigh North Carolina now ... that it's ... this is a calm I got the fun is this is a commie you describe but um ... as the whole of Babylon edition ... well guess that's the point that ... I'm not proud of that but on standby ... as the court for an hour ... and a ... video may ... you know with the members the US and alerted brand to ... operate Calpers and the texture ... is what it is that it's so to sum it up and up from the description of the habits of four hundred and thirty was up ... aam at the whale which is which is absolutely ... phenomenal ... um ... what you mentioned the dance the waltz dance the reference that ... get any interest in going against the Earl Wilson gets run over by a ... I guess these roles prices is set to this story in the modern age you need to cart around somebody ever just look at that and that is the card you've wanted to run somebody ever it is a beast you wanna see that ... the cross for ... the long run someone over to the five hundred to ... take the ... pants off in a ... this ... definitely has got a lot of the of the state's roadway ... but then the ... larger point is that of course it to sch yes it's ... the it's in precedents and was the incident and the car although ... as a as for his though it's not exactly a year of ballet dancer how much some how much it cost and how fast did you drive this ... new and always asking that why why why would you like and ... they they started a thousand you go into another ... eight hundred and eighty thousand ... I'm typically runs into much faster under dentist appointments work I think ... but to ... um it's fantastic are truly is one of the ... Ateneo is the best handling a few sedan ... around ... the rolling road so you you you really enjoy this and you don't always say that about every tell you have a lot of fun ... ALM that that driving this what what you get the extra hundred thousand between the third base price of eighty thousand I know the price you need any extra we'll stay ... Texas' chartered refreshments for ... series sixty in ... three seconds faster you get to massive breakdowns I mean you really get bragging rights ... in the world of portion pack now I mean they are making a sicker ... than the turbo but this is the between the extreme its ... news media is in mid twenty s Friends what the women come from we got about ten seconds ... grand juries ... sedan ... the answer is less than ten Panamera ... then it adds up and they made that up ... our ... goal is quite so awful I do enjoy the Illinois applies everyone in the lead an email ... that will bomb and to Mars but then that's it that's the news of the mountain for this week have a great weekend ...